Washington, DC) – An eye - popping new list compiled by The Senior Citizens League (TSCL) indicates that, by late 2020, price increases for many of the expenditures of older Americans far outstripped the modest 1.3 perce ...
Category: Press Releases
One-time Emergency 3% COLA Would Boost Average Social Security Benefits an Extra $398 Per Year Over Retirement
Washington, DC) – A one - time emergency 3 percent Social Security cost of living adjustment (COLA) would increase a $1,523 Social Security benefit by about $398 per year on average, over the course of a 25 year retirem ...
Two-Thirds of Older Households Spending More Than 24 Percent of Their Social Security Benefits on Healthcare
(Washington, DC) – Sixty - six percent of retirees report spending more than $375 a month on healthcare costs according to a recent survey by The Senior Citizens League (TSCL). “That figure is almost one quarter of the ...
Will Medicare’s Premium Increase Take Your Social Security COLA?
Washington, DC) – The Medicare Part B premium increase for 2021 may consume a significant portion of the annual Social Security cost-of-living adjustment (COLA) boost for most retirees, warns The Senior Citizens League ( ...
2021 Cost of Living Adjustment
(Washington, DC) – Social Security checks in 2020 are almost 20 percent lower than they otherwise would be, due to the long term impact of extremely low annual inflation adjustments, according to a new analysis from The ...
Are You Paying Too Much for Your Medicare Health and Drug Plans? Find a Better Plan with These Tips from The Senior Citizens League
(Washington, DC) – Chances are high that most retirees are paying too much for their Medicare health and drug plans, says The Senior Citizens League (TSCL). “Unless you match your needs to the lowest costing plan that s ...
2021 Social Security COLA Likely To Be About 1.3%
(Washington, DC) – Social Security recipients are likely to get a 1.3 percent cost of living adjustment (COLA) in 2021, making it the second lowest ever paid, according to The Senior Citizens League (TSCL). “Our forecas ...
Congress Should Boost Social Security Benefits and Increase the Amount of Wages Subject to Payroll Tax
(Washington, DC) – Eighty-three percent (83%) of the participants in a recent survey by The Senior Citizens League (TSCL) agree that Congress should boost Social Security benefits by 2 percent. The same survey found tha ...
56% of Retirees Think We Need to Invest More In Medicare
(Washington, DC) – Fifty six percent of older adults think we need to invest more in Medicare in order to respond more quickly and effectively to a healthcare crisis like COVID-19, according to a new survey by The Senior ...
The Senior Citizens League (TSCL) Submits Petition to The Democratic National Committee for Platform Plank
(Washington, DC) – The Senior Citizens League (TSCL) is pleased to review the draft plan of the 2020 Democratic Party Platform. The draft platform plan for retirement security is a scant five paragraphs in an 80-page do ...